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Axis Bank Revises Interest Rates On FD, Check Current Rates Here

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Axis Bank, the leading private sector lender, has revised its fixed deposit (FD) interest rates, which are in effect from May 21, 2021. Axis Bank offers fixed-rate deposits with periods ranging from seven to ten years. Axis Bank currently provides 2.50 percent interest on FDs maturing between 7 and 29 days, 3 percent interest on FDs maturing between 30 days and less than 3 months, and 3.5 percent interest on FDs maturing between 3 months and less than 6 months, after the most recent adjustment. Axis Bank proposes a 4.40 percent interest rate on FDs with maturities ranging from six months to eleven months and 25 days to less than one year. Long-term deposits maturing in two to five years will provide you a 5.40 percent interest at Axis Bank. Whereas 5.75 percent interest is offered on deposits for a maturity period of 5 to 10 years.

 

Axis Bank Revises Interest Rates On FD, Check Current Rates Here

Axis Bank FD Rates (Below Rs 2 Cr)

Following the most recent adjustment, Axis Bank will now provide interest rates to the general public spanning from 2.5 percent to 5.75 percent. Non-senior citizens will get the best rate of 5.75 percent on FDs with a maturity period of 5 to 10 years from the bank. For deposits maturing in 7 days to 10 years, senior citizens will now get interest rates ranging from 2.5 percent to 6.50 percent. Check the revised rates of Axis Bank on fixed deposit below:

TenureRegular FD Rates In %Senior Citizen FD Rates in %
7 days to 14 days2.502.50
15 days to 29 day2.502.50
30 days to 45 days3.003.00
46 days to 60 days3.003.00
61 days to less than 3 months3.003.00
3 months to less than 4 months3.503.50
4 months to less than 5 months3.503.50
5 months to less than 6 months3.503.50
6 months to less than 7 months4.404.65
7 months to less than 8 months4.404.65
8 months to less than 9 months4.404.65
9 months to less than 10 months4.404.65
10 months to less than 11 months4.404.65
11 months to less than 11 months 25 days4.404.65
11 months 25 days to less than 1 year4.404.65
1 year to less than 1 year 5 days5.105.75
1 year 5 days to less than 1 year 11 days5.155.80
1 year 11 days to less than 1 year 25 days5.105.75
1 year 25 days to less than 13 months5.105.75
13 months to less than 14 months5.105.75
14 months to less than 15 months5.105.75
15 months to less than 16 months5.105.75
16 months to less than 17 months5.105.75
17 months to less than 18 months5.105.75
18 Months to less than 2 years5.255.90
2 years to less than 30 months5.406.05
30 months to less than 3 years5.405.90
3 years to less than 5 years5.405.90
5 years to 10 years5.756.50
Source: Axis Bank, W.e.f. 21.05.2021

Story first published: Saturday, May 22, 2021, 16:37 [IST]
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